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Home » The Dynasty Curve » Changing of the Guard

 

“In a hierarchy, every employee tends to rise to his level of  incompetence.” 

– Dr. Laurence Peter

 

  • Changing of the Guard/Exit = when a business that has reached a point where the ownership has done all it can.
  • Founders are most often like the launch of a rocket where 80% of the fuel is spent just breaking out of the atmosphere.
  • Priority = Recurring Revenue Models
  • The smartest entrepreneurs know when to cash in
    • Slower or reluctant to make decisions
    • Lacking clear and consistent delegation
    • Inability to find good talent
  • Lengthen your gaze (leaders need to lay tracks further down for others to follow)

 

 

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